Category : Financial Advisers

business-protection

Business Protection

Would your business survive if its loans were called in?

Have you thought about how your cash flow could be affected if something were to happen to a director, owner or key employee?

How would your creditors react?
It may be that one of your company directors stands as the guarantor for your company’s loans. If they were to die, or be diagnosed with a serious illness, it could have a severe impact on your business’s arrangements with its creditors and debtors.

Do you know how they would react? If business loans were called in, could your company afford to pay back its creditors and continue trading?

How we can help
We work with businesses like yours, offering advice on how to protect it from the financial impact of unforeseen events.

tax year

The new tax year is coming

Key dates for 2019

1 April

  • National Living Wage (for age 25+) rises to £8.21.
  • National Minimum Wage rises to £7.70 (21 – 24-year olds), £6.15 (18 – 20-year olds), £4.35 (16 – 17-year olds), and £3.90 (apprentices under 19 or in the first year of their apprenticeship).
  • Council tax bills rise up to 4.99%
  • Universal Credit for households with children and those with disabilities will to go up £1,000.

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critical illness

Critical Illness Insurance

If you became critically ill and unable to work, could you cope financially?

Some things are more reliable than others – monthly bills, for example. Young or old, single or married, we all have financial obligations to meet each month; be it luxuries, like a satellite TV subscription or mobile phone contract, or the real essentials – like keeping a roof over your/your family’s head.

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Trust

The importance of trusts

Trusts are usually simple to set up, but it’s important to select the right type of Trust.

What is a Trust?

A Trust helps ensure a pay-out goes to the people you’d like to benefit from your protection policy – should the worst happen. As the ‘settler’ (the person who creates the Trust), you can choose the people who will benefit (the ‘beneficiaries’). The Trust defines how and when they can receive the money from the insurance company.
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Family Insurance

What life insurance is best for your joint mortgage?

What life insurance is best for your joint mortgage?

When you take out a mortgage we would always recommend you take out appropriate life insurance too, so that you know your monthly mortgage payments are covered if things go awry.

If you’re buying on your own, a single life insurance plan will probably do the trick, but if you’re going into joint property ownership, a joint plan may be more appropriate. So, which is best for you?

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